PancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More Efficient

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PancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More Efficient
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Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

PancakeSwap's version 4 will be released later this year with four key features: hooks, custom pool types, singleton and flash accounting, aiming to make on-chain trading cheaper and more efficient for users.

Decentralized exchange PancakeSwap will release version 4 later this year, adding four features to its automated market maker to make on-chain trading cheaper and more efficient for users, developers told CoinDesk in a Telegram chat today. Singleton merges all pools into a single contract to reduce the deployment cost by 99%. The gas cost, or the fee paid for each blockchain transfer, is further reduced for swaps because there is no need to transfer tokens between separate contracts.

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